Paychecks: Overview

Payroll 1, 2, 3

There are essentially three main tasks for employers in the payroll process.

  1. Pay employees
    At a specified interval you calculate the employees’ wages, withhold the correct amount of taxes, and issue a paycheck to the employee.
  2. Pay payroll taxes
    After paying employees, you pay government agencies the amount of taxes you withheld from the employees’ paychecks as well as any taxes you owe as an employer.
  3. File payroll tax forms
    You file tax forms that report what you owe and what you paid the government agencies. Forms are usually filed quarterly, but can be on a monthly or yearly basis depending on the tax form and government agency.

Intuit Online Payroll is designed to help you through the entire payroll process and provides a To Do list to guide you through all your pending payroll tasks, like creating paychecks for your employees.

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